Region

Asia

Service Area

Energy Efficiency

Project Title

ESCO Market Assessment – Thailand

Country

Thailand

Client

Department of Energy Promotion and Development (DEPD)

Project Funding Agency

GTZ

Project Duration

Start Date

Scheduled Completion

Project Description and Summary of Services

This project, funded by GTZ for the Department of Energy Promotion and Development (DEDP),   estimated the potential market size for energy services companies (ESCOs) in large commercial and industrial facilities and identified the barriers to energy efficiency financing. The study projected a five-to-seven year achievable potential of 18 – 30 million GJ of electricity savings and CO2 mitigation of 2.1 – 5.7 million tonnes which would require US $ 234 – 698 million in investments. The study also recommended to increase lending in energy efficiency investments, improvements on the existing programs, promotion of the ESCO business model and establishment of energy efficiency revolving fund.

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